Following a rise in crypto-related crimes, federal law enforcement is seizing a lot of crypto assets. Now the US government has hired a cryptocurrency firm to hold all its Bitcoin seizures. This week, Anchorage Digital, a small crypto safekeeping platform, revealed its contract with the Department of Justice to store and liquidate digital assets that…
Breaking crypto news from the last week (24 – 30 July 2021): 24 July: Twitter CEO Jack Dorsey sees Bitcoin as a big part of Twitter’s future and forecasts its integration into Twitter services and new features, including Twitter Tip Jar and Super Follows. 25 July: In various experts’ opinions, Bitcoin has proven to be…
Could DeFi revolutionize finance? And can regulators do something about it? Chris Matthews reflects in his MarketWatch column, while Washington is paying close attention to this $100 billion movement. More than a decade after its creation, Bitcoin and other cryptocurrencies have failed to achieve the dream of a new, widely-used global currency free from the…
The U.S. Securities and Exchange Commission (SEC) claimed settled charges against UK-based Coinschedule. The Coinschedule platform that reviewed upcoming initial coin offerings (ICOs) from 2016 to August 2019 was providing overviews of which ones were more or less fraud. According to the SEC’s July 14 order: “The platform claimed to ‘list’ or profile the ‘best’…
Parachains provide an original alternative to the current centralized internet infrastructure with its weaknesses. How does it works, explained by Alex Siman, founder of Subsocial, a Polkadot-based decentralized social network platform. The upcoming Ethereum London upgrade, along with the launch of Polkadot and Kusama’s parachains, has delivered a piece of good news to the crypto…
Some of the law firms that ferret out possible securities claims in search of fees and recovery for investors’ harm are increasingly being coldly received by federal courts. That is very good news for the crypto industry and investors who hold tokens in legitimate blockchain companies, thinks Marc Powers, an adjunct professor at Florida International…